Inflation

Iran’s rial hits historic low: Over 1.5 million rials to a dollar

Essentials such as food, medicine, and clothing have become increasingly unaffordable, while the minimum monthly wage has fallen to roughly $100.

People walk past a sign at a currency exchange as the value of the Iranian Rial drops, in Tehran, Iran, February 9, 2025
Iranian Rial banknotes over a backdrop of the Iranian flag; illustration.

Iranian rial reaches record low value, trading at over 1.5m IRR per USD

Protesters gather as vehicles burn, amid evolving anti-government unrest, in Tehran, Iran, in this screen grab obtained from a social media video released on January 9, 2026.

The divide in Iran's protests: Why ethnic minorities are not taking to the streets - opinion

Iranians protest on a main street in Tehran, December 30, 2025

Iran on the brink: Could 47 years of oppression finally end? - opinion


Israel reaches public service wage deal amid inflation worries

Workers will get an 11% raise over the next four years, reduced working hours and a one-time grant

 New Israeli Shekel banknotes and coins are seen in this picture illustration taken November 9, 2021.

Israeli apartment rents rising at fastest rate since 2008

Inflation is another factor pushing up rents, with a clear pattern of substantial rent increases emerging.

 A sign reading "for rent" outsdie a former shop in central  Tel Aviv, on August 26, 2020

Israeli citizens will pay the price for judicial reform - analysis

Finance Minister Bezalel Smotrich can keep claiming that the reform strengthens the economy, but it's very difficult to dispute current financial figures.

 Finance Minister Bezalel Smotrich holds a press conference with bereaved families at the Israeli Finance Ministry in Jerusalem on January 8, 2023.

Smotrich unveils Israel's state budget, economic plan to fight inflation

Finance minister: “The daycare centers will not be more expensive for parents by one shekel, we will absorb the costs."

 Israeli Finance Minister Bezalel Smotrich at a conference of the Religious Zionist Party, in Jerusalem, February 19, 2023.

Israeli NGOs turn to philanthropy as funding requests soar

Charities increase requests to NGOs by 37% in the past three months

 A graph illustrating the gap between Israeli and US stock market prices in 2022-23

BoI hikes interest rate by 0.50% 0 a 15-year high; is it the right move? - analysis

Is the BoI making the right call in using yet another interest rate increase to handle Israel's inflation?

 A graph illustrating the gap between Israeli and US stock market prices in 2022-23

Voices from the Arab press: What about the Syrian victims?

A weekly selection of opinions and analyses from the Arab media around the world.

 RESCUE WORKERS search for earthquake survivors among the rubble in Latakia Province, Syria, Feb. 7.

2023 will be a challenging year with rising inflation, bank officials fear

CEO of Mercantile Bank Shuki Bernstein: There's a continuation of half price increases in all economic areas.

Mercantile Bank seen in Ramat Hasharon.

Steve Forbes discusses his new book – and Israel

Forbes, a longtime friend of the nation of Israel, shared his thoughts as to how Israel – a modern miracle as a hi-tech center of the world – has tackled inflation.

 Writer Joseph Scutts with Steve Forbes in Manhattan

Earthquake to impact Turkey’s already hard-hit economy, analysts say

Ankara quickly appeals for international assistance as the death toll from the earthquake that devastated Turkey climbs.

 Turkey earthquake – a glimpse of the ECHO assessment